The Xbox event was packed with cinematic snippets or play of 52 games, including new instalments to blockbuster franchises such as "Fallout" and "Halo".

Xbox previewed a flurry of new titles and deals with studios as the video-gaming division of Microsoft Corp. looks to compete more intensely with Sony Corp.'s PlayStation and a resurgent Nintendo Co. Spencer saidMicrosoft is building a "game streaming network to unlock console-quality gaming on any device". Any future content from the handful of studios Microsoftbought is potentially years away. This was one of the givens for the conference, but it's always good to see solid exclusives for Xbox One even if it was expected.

Surprising news? Not exactly, but many industry observers have lingering doubts about the future of Microsoft-branded hardware under CEO Satya Nadella.

Over the last six years, Playground Games has been helping to keep Microsoft's first-party efforts afloat with the Forza Horizon series.

As mentioned, if you want games to play on your Xbox One, Microsoft has you covered with something for just about everyone.

"When we started this project, the team's vision for the game was ambitious - so much so that we knew we had to build new tech to fully realize our goals for Halo Infinite".

Financial details of the acquisitions of Playground Games, Ninja Theory, Undead Labs, and Compulsion Games were not disclosed. With Microsoft's backing, the new studios, will have the resources to "take bigger risks" and "create bigger worlds", he said. The various Gears of War titles don't really have release dates.

It's likely that Infinite has been in development for some time-ditto for the Slipspace Engine-but Microsoft and 343i haven't officially confirmed or announced anything up until now.

Trump demands end to 'unfair' trade after G7 summit
But even before the G7 summit began , the United States and other participants were on a collision course on a number of issues. A source within the French presidency said Trump's proposal did not seem "coherent", and that it would be discussed in Quebec.